Financial Services Institute Inc. (FSI)

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  1. Articles

    Groups opposing DOL fiduciary rule step up lobbying spending

    Interest groups wanting to stop a Labor Department proposal that would change the rules for investment advice to retirement accounts have stepped up their lobbying expenditures.The Financial Services Institute, for instance, has spent $428,876 on lobbying during the first half of the year, compared

  2. Articles

    Broker groups step up political spending early in election cycle

    Groups representing brokers and investment firms have stepped up their political spending this year, while adviser advocates have slowed down their campaign contributions.The Securities Industry and Financial Markets Association, the major industry trade organization, contributed $261,198 to

  1. Articles

    Obama encourages statewide retirement plans

    President directs Department of Labor to propose rules by the end of the year to provide a “clear path” for states.

  2. Articles

    Finra board candidate wants to keep organization from 'antagonizing' members

    A candidate for Finra's board of governors has launched what he calls a “dissident campaign,” asserting he will try to prevent the regulator from “antagonizing” members, especially independent broker-dealers.

  3. Articles

    Top GOP senators pressure DOL on fiduciary-duty timetable

    GOP senators, including those with oversight of the agency, are among three dozen co-signers of a letter to Labor Secretary Thomas Perez seeking more time to comment.

  4. Articles

    Brokerage industry lobbying dollars dwarf investment advisers'

    The brokerage industry's lobbying spending dwarfed advisers' in the first quarter, with the DOL fiduciary rule a primary focus.

  5. Articles

    Financial industry asks DOL for more time on fiduciary rule

    Groups say they need an extra 45 days above the 75-day comment period to respond.

  6. Articles

    Are brokers being branded with a scarlet 'S'?

    Proponents of a fiduciary standard are ganging up on commission-based advisers through public shaming regarding the Suitability standard.

  7. Articles

    DOL head says fiduciary standard will happen

    Secretary Perez has confidence his agency will complete work on the rule before Obama's term ends.

  8. Articles

    With Obama's push, is fiduciary a done deal? Not so fast

    Advisers, experts weigh in on DOL fiduciary rule's prospects and what it might end up looking like.

  9. Articles

    DOL fiduciary rule stalls again as brokerage industry makes last-minute push against it

    The Labor Department's proposal to impose a fiduciary standard on retirement advisers has stalled as the brokerage industry makes one more, eleventh-hour bid to change it.

  10. Articles

    Prepping the advice business for cybersecurity laws, and vice versa

    FSI sets sights on shaping any legislation dealing with data breaches and privacy to avoid 'one-size-fits-all.'

  11. Articles

    FSI to zero in on state advocacy this year

    Group set to launch lobbying days in Florida, Texas, New York and California.

  12. Articles

    Cetera president blasts White House memo defending DOL fiduciary

    Arguments continue on both sides about the merits of the recently-leaked White House memo and what it means for the standard's future prospects.

  13. Articles

    10 developments to watch in the independent broker-dealer industry in 2015

    Advisers and their independent broker-dealers saw movement last year in regulation, investment products, business strategies, retirement vehicles and more. Here are 10 of the hottest topics, which are sure to continue to evolve as the year unfolds.LPL strapped with compliance chargesLPL Financial,